Analyst says despite Macao swoon, Sands stock remains a good bet


Source: reviewjournal.com reviewjournal.com

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The Venetian and Palazzo on the Strip in Las Vegas Wednesday, March 3, 2021. (K.M. Cannon/Las Vegas Review-Journal) @KMCannonPhoto A New York analyst is telling investors that Las Vegas Sands Corp. stock remains a good bet. Carlo Santarelli of the New York office of Deutsche Bank issued a report to investors after the stock market closed Wednesday saying the recent decline in the market could be attributed more to the Macao government’s handling of COVID-19 containment policies than the government’s review of gaming laws and the awarding of casino licenses, called concessions. Santarelli maintained a “buy” rating on Sands stock...